Q1. Create a company with Imaginary details.

1. Open Tally Software by double clicking on the Tally.ERP 9 icon.

2. If you are opening Tally ERP 9, First time after installation, you will be landed to
a menu called company info menu. (If you are in Gateway of Tally
Press Alt+F3 to get that menu).
3. Select Create Company option in the menu and press enter key.
4. The screen displayed in-front of you is company creation screen.
5. Type the name of the company, address, financial year begins and all other
details asked by the creation screen.
6. Press Enter Key, Finally the program will ask you the confirmation to Save, Yes
or No.
7. To save and create company do Press Enter Key, Press Y Key or click on Yes.
The program will create a company and you will be entered into it.
Q2. Create a Company in Tally with following details:-

Name Rahul Enterprises

Mailing Name Rahul Enterprises
Address 12-1-975/A
Sultan Bazar,KingKothi,
Hyderabad
Country India
State Telangana
PIN Code 500001
Mobile No 9988776655
E-mail ID [email protected]
Country India
Maintain Accounts with Inventory
Financial Year From 1-4-2018
Books Beginning from 1-4-2018
Tally Vault No
Security Control No

1. Open Tally Software by double clicking on the Tally.ERP 9 icon.

2. If you are opening Tally ERP 9, First time after installation, you will be landed
to a menu called company info menu. (If you are in Gateway of Tally
Press Alt+F3 to get that menu).
3. Select Create Company option in the menu and press enter key.
4. The screen displayed in-front of you is company creation screen.
5. Enter
Name : Rahul Enterprises
Mailing Name : Rahul Enterprises
Address : 12-1-975/A
Sultan Bazar , KingKothi , Hyderabad
Country : India
State : Telangana
PIN Code : 500001
Mobile No : 9988776655
E-mail ID : [email protected]
Country : India
Maintain : Accounts with Inventory
Financial Year From : 1-4-2018
Books beginning from : 1-4-2018
Tally Vault : No
Security Control : No Press Enter and Accept
Q3. Create a Company with imaginary details by selecting country As
United States and giving Tally Password and activating Security
Control by set Yes.
1. Open Tally Software by double clicking on the Tally.ERP 9 icon.
2. If you are opening Tally ERP 9, First time after installation, you will be landed
to a menu called company info menu. (If you are in Gateway of Tally
Press Alt+F3 to get that menu).
3. Select Create Company option in the menu and press enter key.
4. The screen displayed in-front of you is company creation screen.
5. Give the necessary details and select country United States.
6. After that give some password Tally Vault Password (if any) and again
repeat the password and press Enter
7. Next select Yes under Use Security Control and give the name of the
administrator and give password and press Enter and Accept.
Q4. Create the following Ledgers under relevant groups in Tally
giving their Opening Balances and display the following for Suresh &
Co.:

a) Trial Balance - Total Rs.3,43,200/-

b) Profit and Loss Account - Gross Profit Rs.36,500/-

Net Profit Rs.24,800/-

c) Balance Sheet - Total Rs. 1,01,000/-

Closing Stock (31-3-2018) Rs. 35000/-
1. Open Tally.ERP9 then Gateway of Tally will be displayed
2. Select Accounts Info. under Masters and select ledgers then click on
multiple ledger creation and Enter.
3. Under group : All items and Enter
4. Enter required details as per question in the following manner.
5. To view the Trial Balance
Gateway of Tally > Display > Trial Balance and Enter
6. To view the Profit & Loss Account
Gateway of Tally > Reports > Profit & Loss A/c and Enter
7. To view the Balance Sheet
Gateway of Tally > Reports > Balance Sheet and Enter
Q5. Create the following ledgers in Multiple Ledger Creation Mode:-
1. Open Tally.ERP9
2. Gateway of Tally will appear on the screen, Under Masters select Accounts
Info.
3. Now select Ledgers and click on Create under Multiple Ledgers
4. Multiple ledger creation screen will appear select All Items Under Group
5. Now Enter
a. Machinery A/c under Fixed Assets
b. Furniture A/c under Fixed Assets
c. Land & Building A/c under Fixed Assets
d. Loose Tools A/c under Fixed Assets
e. Fixtures A/c under Fixed Assets
f. Discount Paid A/c under Indirect expenses
g. Discount Received A/c under Indirect incomes
h. Interest Paid A/c under Indirect expenses
i. Interest Received A/c under Indirect incomes
j. Commission Paid A/c under Indirect expenses
k. Printing Stationery A/c under Indirect expenses
l. Postage A/c under Indirect expenses
m. Wages A/c under Direct expenses
n. Loan taken from HDFC Bank A/c under Loans (Liability)
o. Suspense A/c under Suspense A/c
p. Motive Power A/c under Fixed Assets
q. Purchases A/c under Purchases
r. Sales A/c under Sales
s. Capital A/c under Capital
t. Bank A/c under Bank Accounts Press Enter
Q6. Create the following ledgers in Single Ledger Creation Mode:-

1. Open Tally.ERP9
2. Gateway of Tally will appear on the screen, Under Masters select Accounts
Info.
3. Now select Ledgers and click on Create under Single ledgers
4. Single Ledger creation screen will appear
Give Name and select appropriate groups for each ledger
Now Enter

a. Land & Building under Fixed Assets and Enter

b. Furniture & Fixture under Fixed Assets and Enter
c. Trademarks under Fixed Assets and Enter
d. Patents under Fixed Assets and Enter
e. Debtors under Sundry Debtors and Enter
f. Discount Paid under Indirect expenses and Enter
g. Discount received under indirect incomes and Enter
h. Commission paid under indirect expenses and Enter
 i. Printing & Stationery under Indirect expenses and Enter
j. Creditors under Sundry creditors and Enter
k. Wages under direct expenses and Enter
l. Purchases under Purchases and Enter
m. Sales under Sales and Enter
n. Capital under Capital Account and Enter
o. Bank under Bank accounts and Enter

Q7. Create following Godowns for “Dinesh Kirana Store “: Kothi,

Sultan Bazar, Begum Bazar.
1. Open Tally.ERP9
2. Create Dinesh Kirana Store as a Company using (Alt+F3 option)
3. After creating Gateway of Tally screen will appear
4. Click F11 for Features of the company
5. Select Inventory Features option
6. Under storage and classification , Maintain multiple Godowns ? Yes
7. Enter and Accept
8. Keep pressing Esc button until you reaches the Gateway of Tally Screen
9. Now select Inventory Info. under Masters and Enter
10. Now select Godowns and Enter
11. Under multiple godowns click on create
12. Under godown : select all items and Enter
13. Enter the given godown names under Primary and Enter
Q8. Create a company named “Dinesh Kirana Store “ and create
following stock Groups ad stock items according to the given
information:
1. Open Tally Software by double clicking on the Tally.ERP 9 icon.
2. If you are opening Tally ERP 9, First time after installation, you will be landed
to a menu called company info menu. (If you are in Gateway of Tally
Press Alt+F3 to get that menu).
3. Select Create Company option in the menu and press enter key.
4. The screen displayed in-front of you is company creation screen.
5. Create Company by giving name as Dinesh Kirana Store
6. Now click Inventory Info. under Masters
7. Then click on Stock Groups and then select Create under Multiple stock
groups
8. Under group : All items Enter
9. Enter all the Stock Groups which are given above under Primary
10. Now go back to Inventory Info. and click on Units of measure and click on
Create
11. Now create different types of units of measurement as shown below
Symbol : Kg.Formal name: Kilogram
: Ltr. : Litre
: No. : Number
: Pkt. : Packet Enter

12. Now go back to Inventory Info. and select Stock Items and Enter
13. Select Create under Multiple stock items and Enter
14. Under group: All items and enter different stock items names according to
given data and give respective quantity and price to them and Enter
Q 9. Enter the following transaction:
1. Started business with Cash Rs.2, 00,000
2. Purchased Goods from Amit Suppliers on credit of Rs.1, 50,000.
3. Deposit Cash in to Bank Rs. 25,000
4. Sold goods to Dynamic Traders Pvt. Ltd. of Rs. 1, 30,000
5. Received a cheque of Rs. 1, 27,000 from Dynamic Traders Pvt.
Ltd.
6. Issued a cheque of Rs. 1, 00,000 as a partial payment to Amit
Suppliers
7. Purchase Goods for Rs. 45000 by Cash
8. Purchase Goods for Rs.8500 by SBI Bank
9. Purchase Goods from "Krishna Mohan " for Rs. 67500 for Credit
10. Purchase Goods from "Siva Mohan Agency" for Rs. 7200
and paid by SBI Bank Cheque.
11. Purchase Goods from "Mehatha G/s" for Rs. 15000 and Cash
Discount received @ 2%
12. Cash Purchase Goods from "Krishna G/s" for Rs. 12000.
13. Goods given to proprietor daughter Rs. 1800.
14. Purchased furniture for proprietor’s residence by cash.
15. Cash Withdrawn from Bank.

1. Open Tally.ERP9 create a company by using Alt+F3 option

2. After creating Gateway of tally will be displayed
3. Under masters click on accounts info. then select Ledgers
4. Click on create under Multiple ledgers and Under group : All items Enter

a. Capital A/c under Capital Account

b. Purchase A/c under Purchase Accounts
c. Amit suppliers under Sundry Creditors
d. Bank A/c under Bank Accounts
e. Dynamic Traders Pvt. Ltd. under Sundry Debtors
f. Sales A/c under Sales Accounts
g. SBI Bank under Bank Accounts
h. Krishna Mohan under under Sundry Creditors
i. Discount received under indirect incomes
j. Drawings under Capital Account Enter
5. Now go to Gateway of Tally by using Esc button and Click on Accounting
Vouchers under Transactions
Press F12 for configuration and Use single entry mode? No and Enter
6. Press F6 for Receipt Voucher and enter journal entry as
To Capital A/c 2,00,000
By Cash A/c 2,00,000
7. Press F9 for Purchase Voucher and enter journal entry as
To Amit Suppliers 1,50,000
By Purchase 1,50,000
8. Press F4 for Contra Voucher and enter journal entry as
To Cash 25,000
By Bank 25,000
9. Press F8 for Sales Voucher and enter journal entry as
To Sales 1,30,000
By Dynamic Traders 1,30,000
10. Press F6 for Receipt Voucher and enter journal entry as
To Dynamic Traders 1,27,000
By Bank 1,27,000
11. Press F5 for Payment Voucher and enter journal entry as
To Bank 1,00,000
By Amit Suppliers 1,00,000
12. Press F9 for Purchase Voucher and enter journal entry as
To Cash 45,000
By Purchase 45,000
13. Press F9 for Purchase Voucher and enter journal entry as
To SBI Bank 8,500
By Purchase 8,500
14. Press F9 for Purchase Voucher and enter journal entry as
To Krishna Mohan 67,500
By Purchase 67,500
15. Press F9 for Purchase Voucher and enter journal entry as
To SBI Bank 7,200
By Purchase 7,200
16. Press F9 for Purchase Voucher and enter journal entry as
To Cash 14,700
To Discount Received 300
By Purchase 15,000
17. Press F9 for Purchase Voucher and enter journal entry as
To Cash 12,000
By Purchase 12,000
18. Press F7 for Journal Voucher and enter journal entry as
To Purchase 1,800
By Drawings 1,800
19. Press F7 for Journal Voucher and enter journal entry as
To Purchase
By Drawings
20. Press F4 for Contra Voucher and enter journal entry as
To Bank
By Cash Enter
Q10.
Q11. Enter the following transactions by creating relevant accounts
and groups.
Q12.
Q13.
Q14.
Q15.
From the following ledger balances of Ayaan Ltd., prepare Trading
and P & L a/c for the year ending 31-3-2018 and a balance sheet as
at that date.
Q16. Prepare funds flow from the given information below:
Q17. Prepare a cash flow statement for the following cash
transactions
Q18. Prepare ratios from the following information:
Q19. Pass Following Transactions and Display Financial Statements
Q20. Pass Following Transactions and Display Profit and Loss
Account.
Gate way of tally➔profit and loss a/c
Q21. Record the following transactions in the books of “M/s Albert &
Brothers” and display Trial Balance, Profit and Loss Account and
Balance Sheet.
Q22. Create 3 stock items named milk, roti and mobile. Opening
balances of these 3 stock items would be milk – 10 liters, roti – 20
pieces and mobile – 5 numbers.
Q23. Create 5 sundry debtor outside your state and 5 sundry debtor
inside your state. Similarly, create 5 sundry creditor outside your
state and 5 sundry creditor inside your state.
Similarly apply the same procedure for creditors also
Q24. Pass following Entries and display Day Book:-
Q25. Mr. Nirmal has the following transactions in the month of April.
Write Journal Entries for the transactions.
10th April : Commenced business with a capital of 1,00,000
11th April : Purchased goods from Veeru for 20,000
13th April : Purchased Goods for Cash 15,000
14th April : Purchased Goods from Abhiram for cash 9,000
16th April : Bought Goods from Shyam on credit 12,000
17th April : Sold goods worth 15,000 to Tarun
19th April : Sold goods for cash 20,000
20th April : Sold goods to Utsav for cash 6,000
21st April : Sold goods to Pranav on credit 17,000
22nd April : Returned goods to Veeru 3,000
23rd April : Goods returned from Tarun 1,000
25th April : Goods taken by the proprietor for personal use 1,000
Q26. Write journal entries in the books of Chikky&Bros and post them
into relevant ledger accounts.
Q27. Assuming on your own figures prepare cash book for the
following cash transactions.
Q28. Prepare cash book with bank column for the following bank
transcations in Andhra Bank and ascertain bank balances.
Q29. Prepare a Trial Balance with the information given below:
Q30. Prepare Trading, Profit and Loss Account and a Balance Sheet
from the following:
Q31. Enter the following transactions by creating relevant accounts
and groups. Transactions:
Q32. Compute net profit from the following data?
Capital Introduced 4,00,000.
Cash Purchases 50,000
Cash Sales 1,00,000
Rent Paid 5,000
Salaries Paid 10,000
Interest received 2,000
Legal expenses paid 1,000
General expenses 400
Q33. Mr. Zaid started business with Cash Rs. 3,00,000.
Q34. Prepare the following transactions and generate a purchase
register.
Q35. Create a company with full details, enter the following
transactions.